Bangladesh Startup Ecosystem Update Q’3 2022 [Full Report]

LightCastle Analytics Wing
November 7, 2022
Bangladesh Startup Ecosystem Update Q’3 2022 [Full Report]

Post-pandemic recovery, the Russia-Ukraine war, harvesting and production challenges, and supply-chain disruptions are leading to economic downturns worldwide. This has brought slowdowns in startup investments worldwide. Startup funding declined by 34% in quarter 3 of 2022 compared to the previous quarter. 

In Quarter 3 of 2022, Bangladeshi startups raised nearly USD 5 Mn over 16 deals. In a world where global economic events influence startup funding worldwide, what trends are emerging in the Bangladeshi startup ecosystem? What can founders do to navigate these changes? What insights do ecosystem experts and seasoned investors have to share?

Learn more about the quarterly startup investment trends in Bangladesh in this latest report. The ‘Bangladesh Startup Ecosystem Quarterly Update Q’3 2022: Navigating Global Funding Undercurrents’ is presented by LightCastle Partners in collaboration with Startup Bangladesh Limited, Anchorless Bangladesh, Bangladesh Angels Network, and BD Startup Founders. 

This report is a follow-up to the annual Startup Ecosystem Report 2021-2022. LightCastle Partners published the report in July this year in collaboration with the same partners.

About Our Partners:

Startup Bangladesh Limited is the flagship venture capital fund of the ICT Division. The first and only venture capital fund sponsored by the government of the People’s Republic of Bangladesh. 

The Anchorless Bangladesh Venture Fund is an early-stage venture capital fund based in New York. A key objective of the firm is to invest in businesses that contribute to the economic growth of Bangladesh.

Bangladesh Angels Network is the country’s first angel investing platform. It aims to elevate the country’s startup entrepreneurs to the highest level. 

BD Startup Founders Group is the leading startup community in Bangladesh. It connects the prominent active startup founders and ecosystem builders in the country.

If you are interested to learn more about the Startup Ecosystem of Bangladesh Document download full report

WRITTEN BY: LightCastle Analytics Wing

At LightCastle, we take a systemic and data-driven approach to create opportunities for growth and impact. We are an international management consulting firm which creates systemic and data-driven opportunities for growth and impact in emerging markets. By collaborating with development partners and leveraging the power of the private sector, we strive to boost economies, inspire businesses, and change lives at scale.

For further clarifications, contact here: [email protected]

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